In my personal experience I've found strength training better for losing weight than just cardio but any activity will help a bit. You'll really need to adjust your diet in some way for it though, or at least start counting and keep your calories steady as you do more activity. Trying to outburn what you eat takes like an hour of exercise a day otherwise, it's tough.
The problem with doing a lot of cardio is that you need muscle to burn calories (especially so without injury and as you get older), and too much medium intensity cardio will start to chew up lean mass.
No harm in doing a bit of both though, especially if your goal is fitness/maintenance rather than maximum strength or a particular look.
My point is just that if you /only/ do long cardio, it'll reduce the mass of muscle that you need both to burn calories and remain uninjured. Good to mix it up a bit.
Tabata (the sprint/recover running technique) was developed, I believe, to increase VO2-max. It should help with overall endurance, and you can go on a long run each week. That would probably be efficient.
Here's meta review of resistance training for endurance running: https://pmc.ncbi.nlm.nih.gov/articles/PMC11258194/
Here's old one: https://pubmed.ncbi.nlm.nih.gov/18460997/
I think it is possible to utilize squats both as weight losing device and running economy improvement device.
I do not run, though, as I am too old. But I love barbell squats!
To be clear I'm not saying exercise is bad, but if weight loss is the goal figure out how CICO can work for you and adapt it into your workout regimen so you're not crushing 2 bags of Taco Bell after the gym. Also building muscle will naturally increase your resting caloric burn. All I'm saying is if you think you're gonna run 15km to offset that cinnamon bun, you're going to be much hungrier after the run than whatever satiation the treat provided.
*marathoners are the only exception to this rule since they'll burn more calories than you're ever likely going to be able to consume in a sitting.
I guess the answer for optimizing time is to get a home treadmill if removing the commute to a trail/track will make the timing work.
https://cannonbol.com/blog/articles/Achten_%282004%29.pdf?ut...
But again, yes, in the literal physiological sense, you're right.