Yes, you can recall message outlook 365, but the recall feature is not available in the Outlook Web version. The recall option is only available in the desktop version of Outlook and depends on recipient settings and conditions.
If you have sent a wrong email to a client or team member then now it is possible to retrieve it with the feature of recall email in Outlook web version. You can simply delete that email from the receiver's inbox or can actually replace it with a new email message.