Seethe, seeing barrel lost in bungling attempt (4)

I believe the answer is:

fume

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'seethe' is the definition.
(I've seen this before)

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

(Other definitions for fume that I've seen before include "Give off vapour" , "Express great anger" , "Smoulder with rage" , "Chafe" , "Champ at the bit" .)

I've seen this clue in The Telegraph.

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