Put in situation hard to get out of? Possibly, providing one red's OK (9)

I believe the answer is:

snookered

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'put in situation hard to get out of?' is the definition.
I can't judge whether this definition defines the answer.

'possibly providing one red's ok' is the wordplay.
'possibly providing' indicates an anagram.
'one'+'reds'+'ok'='oneredsok'
'oneredsok' anagrammed gives 'SNOOKERED'.

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(Other definitions for snookered that I've seen before include "Thwarted" , "blocked" , "Put in difficult position" .)

I've seen this clue in The Guardian.

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