Ok - update - There is an actions
button/menu. But only if you open the message in its own window. IE: Double-click it to make it a stand-alone window not a pane in the main Outlook program.
I stand by my statement that each update is worse than the version before just like Windows 11.
With every update its an additional step, another window, another layer of user action required and thus another layer of productivity drop. It may not seem like much on one email - but do this 100 times a day and it adds up fast.