org-html-inline-images

org-html-inline-images is a variable defined in `ox-html.el'.
Its value is

t

Documentation:
Non-nil means inline images into exported HTML pages.
This is done using an tag. When nil, an anchor with href is used to
link to the image.

You can customize this variable.

This variable was introduced, or its default value was changed, in version 24.4 of Emacs.