Ran out and looked around the end of the street (7)
I believe the answer is:
petered
'ran out' is the definition.
Both the definition and answer are past participle verbs.
Perhaps they are linked in a way I don't understand?
'looked around the end of the street' is the wordplay.
'looked' becomes 'peered' (peering is a kind of looking).
'around' is an insertion indicator.
'the end of the street' becomes 't' (I can't justify this - if you can you should believe this answer much more).
'peered' going around 't' is 'PETERED'.
'and' is the link.
Can you help me to learn more?
(Another definition for petered that I've seen is " exhausted".)