cnn all over this story and the breaking developments. meanwhile, the world markets are waiting in anticipation. oil prices spiked 10%, a huge one-day increase, and the question this morning is how serious will the supply disruption be, and could this alter the entire perception of the oil market long-term. cnn chief business correspondent christine romans here with that. when you re talking about a 10 or 15% jump in the price of oil, that is dramatic and it could mean higher prices for american drivers, flyers and consumers. so much oil production taken offline so quickly in coming days and weeks consumer wills see it. the only questions are when and how much. gas prices are estimated to climb anywhere from $0.10 to $0.25. the current average is $2.56 down from $2.85 a year ago and below the recent peak of nearly