I have chased this down a variety of rabbit holes but no luck. A quick summary,
When I started testing, the email I sent to myself worked great because, I now believe, <img src"...> was a local file on my computer. Soon discovered that other recipients not only could not see it but couldn't download it either.
I then saved it to a company OneDrive and grabbed the shared link, but then I couldn't see it nor download it in my email either.
I then tried converting it to base64, saving that as a text file on the company OneDrive. Then several things after that which also didn't work, either Power Automate initialize errors or image errors when viewing in Outlook.
Fairly certain that getting this to work is just a few steps away from where I am, but not sure what they are. Greatly appreciate any help. I thought there was a file convert to base64 function in Power Automate but couldn't find it.