It used to be possible to buy tubes of Lanolin to smear bover items to be kept rust free.
Very long lasting, so used for things like old fashioned verniers that are unlikely to see frequent use)
It is VERY glutinous, so it spreads more easily if the tube is heated in hot water before squeezing it out onto the item, to spread. The heat takes from nearly solid to oily, so easier to spread and a thinner coating.
Low wattage heater hopefully keep the temperature above the dew p[oint, so that condensation does not take place.
Ventilation helps. Have a small fixed vent at floor level, so that the moist air can escape.
Doesn’t always help. Adter the local “monsoon” season, was horrified to find the lathe chuck with a thin film of condensation! 60 watt heater ON, and lots of wiping!