If two cores are next to each other, butted together sideways, there’s a magnetic coupling so that a positive going curve produces a negative going curve on any adjacent cores, making it a rather inefficient, but perfectly valid transformer.
There are example Amiga computers where separate analogue RGB video signals are sent parallel through RFI suppressors, and they use a piece of heat shrink
on the centre core so that it can’t touch the outer two. They must have found it worthwhile to do for an analogue video signal.