circle()

clip-path: circle(50px);

clip-path: circle(6rem at right center);

clip-path: circle(10% at 2rem 90%);

clip-path: circle(closest-side at 5rem 6rem);

clip-path: circle(farthest-side);

<section class="default-example" id="default-example">
  <div class="transition-all" id="example-element"></div>
</section>

#default-example {
  background: #ffee99;
}

#example-element {
  background: linear-gradient(to bottom right, #ff5522, #0055ff);
  width: 100%;
  height: 100%;
}

shape-outside: circle(50%);
clip-path: circle(6rem at 12rem 8rem);

<div class="box">
  <img
    alt="A hot air balloon"
    src="https://mdn.github.io/shared-assets/images/examples/round-balloon.png" />
  <p>
    One November night in the year 1782, so the story runs, two brothers sat
    over their winter fire in the little French town of Annonay, watching the
    grey smoke-wreaths from the hearth curl up the wide chimney. Their names
    were Stephen and Joseph Montgolfier, they were papermakers by trade, and
    were noted as possessing thoughtful minds and a deep interest in all
    scientific knowledge and new discovery. Before that night—a memorable night,
    as it was to prove—hundreds of millions of people had watched the rising
    smoke-wreaths of their fires without drawing any special inspiration from
    the fact.
  </p>
</div>

body {
  font: 1.2em / 1.5 sans-serif;
}
img {
  float: left;
  shape-outside: circle(50%);
}