Drink container rotated beneath gearwheel (6)

I believe the answer is:

cognac

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'drink' is the definition.
(Cognac is an example)

I don't understand how the remainder of the clue works.

(Other definitions for cognac that I've seen before include "High quality brandy" , "Good brandy" , "strong drink" , "(French district famed for) fine brandy" , "Type of brandy" .)

I've seen this clue in the Sydney Morning Herald.

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